Blackstone beats earnings estimates, CEO foresees broad-based acceleration
Blackstone Inc., the world’s leading alternative asset manager, reported stellar third-quarter results for fiscal year 2024-2025, exceeding Wall Street’s expectations and driving its stock up ... Read More
Smartsheet to go private in $8.4bn deal backed by Blackstone and Vista Equity
Smartsheet, a cloud-based work management platform, has announced a monumental acquisition deal valued at $8.4 billion, in which it will be taken private by investment ... Read More
Blackstone announces record $16bn acquisition of AirTrunk in Asia-Pacific
In a landmark deal, Blackstone Inc. has announced an agreement to acquire AirTrunk, the leading data center platform in the Asia-Pacific region, for an implied ... Read More
Emerson to divest remaining stake in Copeland for $3.5bn to streamline portfolio
Emerson (NYSE: EMR) has reached a definitive agreement to sell its 40% common equity ownership in the Copeland joint venture, formerly known as Emerson Climate ... Read More
Digital Realty and Blackstone forge $7bn data center joint venture
Digital Realty (NYSE: DLR), a leader in cloud- and carrier-neutral data center solutions, in collaboration with Blackstone Inc. (NYSE: BX), has announced a groundbreaking joint ... Read More
Blackstone to acquire public sector software leader Civica in strategic move
Blackstone (NYSE: BX), the world's largest alternative asset manager, announced its definitive agreement to acquire Civica, a prominent figure in public sector software solutions. This ... Read More
Energy Exemplar set for growth with acquisition by Blackstone and Vista Equity Partners
Energy Exemplar, a global leader in energy market simulation software, is set to be acquired by private equity funds affiliated with Blackstone and Vista Equity ... Read More
Blackstone to become majority stakeholder in R Systems in $359m deal
American alternative asset manager Blackstone said that private equity funds managed by it will acquire a majority stake in R Systems International, an Indian digital ... Read More
Blackstone to acquire majority stake in Emerson Climate Technologies
Emerson has agreed to sell a 55% stake in its Climate Technologies business to alternative asset manager Blackstone to form a higher value, cohesive industrial ... Read More
Blackstone acquires GIC’s stake in Dexus Australia Logistics Trust for $1.5bn
US private equity firm Blackstone said that its Core+ Real Estate strategy in Asia will acquire Singaporean wealth fund GIC’s stake of 49% in the ... Read More